Defined Benefit Plans: Mitigating Pension Liabilities in a Business Transaction
Lowenstein Sandler's Executive Compensation and Employee Benefits Podcast · 2024-02-01 · 15 min
Episode notes
On the latest episode of "Just Compensation," Andrew E. Graw, Taryn E. Cannataro , and Jessica I. Kriegsfeld address single-employer defined benefit plans in the context of a business transaction, and the potential liabilities inherent in maintaining the plan post-closing as well prior to the closing - especially in light of how well funded the plan is. They discuss who bears the liability for a defined benefit plan in a transaction, and what an acquirer can do to mitigate the pension liability. Speakers: Andrew E. Graw , Partner and Chair, Employee Benefits & Executive Compensation Taryn E. Cannataro , Counsel, Employee Benefits & Executive Compensation Jessica Kriegsfeld , Associate, Employee Benefits & Executive Compensation
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